Ioneer Ltd (IONR)

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ioneer Ltd.
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1d • Edited • 1 day ago

In Caterpillar Inc.'s First Quarter 2022 Financial Review, Chairman and Chief Executive Officer, Jim Umpleby, referenced ioneer's ongoing partnership with Caterpillar that we announced in early 2021. During the conference call, which was attended by analysts from most of the major global investment banks, Mr Umpleby said:

"In 2021, and into the first quarter of 2022, Caterpillar and our customers announced a number of projects that will contribute to a reduced carbon future. We recently entered into an agreement with ioneer, a US-based #lithium #boron miner."

"This will be the first Greenfield site in the U.S. to use autonomous haul trucks. Lithium is a key component for battery electric vehicles and the minerals from this Nevada mine will help contribute to a more sustainable future".

"Our autonomous technology is a competitive advantage as it delivers significant benefits to our customers, including improved safety, productivity, and efficiency while lowering greenhouse gas emissions per ton of material removed".

"Our commitment to sustainable innovation remains strong as we continue to execute our strategy for long-term profitable growth".

ioneer has partnered with a number of top tier firms such as Caterpillar as outlined in our most recent presentation: https://lnkd.in/gEhvM95e
#electriccars #engineering #mining #usjobs

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